Is saving is wrong?because people call me miser.?

Answer 1

Nothing wrong with it. It's better than not saving, and much better than being in debt or spending more than you earn.

You should have a purpose for saving: retirement? buying a home? funding an education (yours or a child's)? It will guide you in choosing investments. Invest wisely, and you can have a great retirement --- and the last laugh.

That said, you can probably afford a few small luxuries in the present. A small/medium LCD TV? A good sport jacket or leather jacket? An expensive meal at a four-star restaurant? No need to "suffer" in the present. Or you can donate or do something nice for others.

Answer 2

Savings and Miser are two different things. The use of miser by someone else is based on his perception of what is savings and what is miserlyness. For a poor man spending money for going in a sleeper class will be a luxuary, whereas for a rich person , such a person may look miser.If u are rich enough to spend few thousands for necessities and if u dont spend those minimum requirements , but is intersted in savings without enjoying anything , inspite of having money, then people may call u miser and not for saving money alone.Miser is definetely a relative term

Answer 3

Not really. But it depends. Being a miser sometimes has deeper roots in psychology.

1. e.g. A person may be feeling miserly about spending little amounts of money, but may be more casual with larger amounts. It may be because, as a child, he was made to be very careful of money. So it's sometimes an unconscious response to spending, and not really a logical one. If you are an otherwise confident, happy person, u may be actually sensible, not a miser. But I know, from personal experience, that when I began spending money on eating and stuff, I became a more free person. That freedom can't really be put down in words here. Because as a child I wanted to eat many things, but hardly ever did, mostly because of parents. And I continued that way even when I grew up, because it had become a habit by now, and the miserly responses(suppression) to desires had become unconscious. It's very healthy to let-go in such a case, it releases a lot of tension, and brings a new freedom to being.

2. It is also associated with the energy moving to greed. If one suppresses sex, energy starts flowing into anger. And then if one suppresses anger, energy starts moving into greed.

3. Linda Goodman, the famous astrologer, recommends spending more. She says its a form of energy, and we should keep it in circulation. The more you give, the more you get back. You may read a chapter in her "Star Signs" book on that...

4. Linda Goodman also associates extreme attitudes towards spending, with number 6. See if you are born on 6, 15, or 24. Or if your name number sums up to 6 :-)

Answer 4

Saving is good but when u start saving money try to learn how to spend it too.I know we save money so that we can use them in future but when we keep on saving money and if we don't spend it we start to develop stinginess.See i save money so that i could buy something which i have wished for long.I sometimes give my money to the needy b'coz i know i can save it again and buy some other day but the needy needs it right now.But remember when u go for spending leave a small amount at home who knows u may need it the next day b'coz when we start spending we will just not have an idea how much we are spending.

Answer 5

Everyone saves. And those who dont are idiots. Saving does not make you a miser. However, if you are obsessed with saving money and dont spend anything (whatever you can afford to) on yourself or close ones that yes that is being a miser. eg. you have 100,000 in the bank but wear torn shoes then yes you are a miser. However, if you truly CANNOT afford to spend - then change the company you hang around in 'cos they obviuosly dont understand.

Answer 6

My grandparents taught me to save every penny I could.They made it through the depression.I've drove horrible looking cars and lived in a early 60's model 2 bedroom trailer for 10 yrs. that I paid for the first yr. I lived there.It was barely livable by the time we left.We had 3 kids through this time.After saving for a house these 10 yrs. we had enough saved for 1/2 of the mortgage.Our payments under $200.00 a month it's a nice BIG house.Everyone has their own rooms,It's over 100 yrs.old and we had enough money to totally remodel and rewire it with the rest of the savings before we moved in.We've lived here for 8 yrs. now and it will be paid for in a couple of yrs.I have the very best of furniture and appliances that I've gotten when the old ones quite working.That I paid for out of my savings.After saving for 8 yrs. we bought a 2007 truck.Our friends say that were so tight we squeak when we walk(as they said about my Grandparents)but,most of them struggle with money because they try to keep up with the Jones's.Most of them have filed bankruptcy and lost allot of what they couldn't afford to pay for in the first place.If I cant afford it.I don't buy it.And if I don't need it,I don't buy it.I could care less what it looks like as long as it works.We don't try to impress anyone.We both have good paying jobs.But,never by far would we out step our means,like allot of people do.It's P.F. and I'm very proud of that.

Answer 7

its a good idea saving money, if people call you a miser tell them to feed you,
but don't be such a big miser that you wont spend for your own food. and yes eventually you will spend all your saving some days trust me dude i had a lot of experience with that.

Answer 8

Saving is not bad but it should not be by sacrificing basic needs and comforts.Can the people who call you a miser give money when you need? Ask them.

Answer 9

remember one thing save today n spend tomorrow.... if u are nt saving today then who else will come 2morrow to give u money when u r in crisis??????
no body will come to help u or will give u the money when u will be in the need, so better save it now 4 ur bright future..

so don't bother about who is calling u miser, keep on saving

but see r u nt spending money on ur essential things then i also would like to call u miser...

so save money mean don't mis use it ths all

Answer 10

a person has to save with a goal , or goals.
I have seen people save all their lives, things like putting a very low wattage globe in the toilet and it is the only globe that burns at night, and most have had enough in life anyway, and all those who saved for the sake of saving, went on pension, and the low wattage globe was still the only one burning at night, they still lived like misers, because they never had actual goals.
Somebody else enjoyed their pension money.
it is like saving for a rainy day in the desert...
There must be a healthy balance between living and saving.